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Ribbit Capital

2 GoKawiil briefs on this topic

AIUC raises $40M Series A to certify AI agents' safety for enterprises

Rune Kvist, a former Anthropic employee, and Rajiv Dattani, ex-COO of AI safety group METR, launched a startup called Artificial Intelligence Underwriting Company (AIUC) that builds a third-party audit and certification system for AI agents, modeled on the SOC 2 cybersecurity standard. The company, whose clients include Cursor, Lovable, Harvey, and ElevenLabs, just raised a $40 million Series A led by Ribbit Capital with First Harmonic, adding to a prior $15 million seed round, bringing total funding to $55 million.

Mach Industries valuation hits $3.7B after $600M Series C extension

Defense tech startup Mach Industries raised $600 million in a Series C extension, pushing its valuation to $3.7 billion just three months after a $300 million round valued it at $1.8 billion. Backers in both rounds include Ribbit Capital, Infinite Capital, Bedrock Capital and Sequoia. The company makes unmanned military vehicles, including VTOL drones, long-range strike systems and counter-drone tech, from its Huntington Beach, California facility.